Paulson Bird Watching

https://www.futureofcapitalism.com/2011/12/paulson-bird-watching

The New Yorker has an interview with the former Treasury secretary, Henry Paulson, that, alas, doesn't get into Mr. Paulson's meeting with money managers in which he tipped them off about his plans to seize Fannie Mae and Freddie Mac and wipe out their shareholders, but does disclose that "He'd been in town that week 'to see Mike Bloomberg' (board meeting for Bloomberg's charity)." Remember, the news organization that broke the story of the Paulson meeting with money managers about Fannie Mae was Bloomberg Markets magazine. It's not clear whether the reporter and editor there even knew that Mr. Paulson was on the board of Mr. Bloomberg's charity or attending its meetings as a non-member, or, if they did, how it affected the coverage, if at all. But it's the sort of thing it might have been nice to know from the Bloomberg Markets magazine article rather than from the New Yorker. It's also not clear whether Mr. Paulson was compensated for his participation in the Bloomberg charity board meeting. Anyway, it's just a little glimpse into the relationships between newsmakers and owners of news organizations.